iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

Long Live The Hipster: Nordstrom Destroyed After Huge Earnings Whiff

Nordstrom Q3 EPS came in at $0.42 Vs $0.73 last year and analysts estimated the fat consumer would propel EPS to $0.72, boy where they wrong!? Apparently the fall months have been too damn mild, and no one is dropping stacks on pea coats and other high ticket items.

I had dinner last night with a Moosejaw employee who said the same thing—they have not seen jacket sales kick in yet this season.

The hipster may also be to blame here. Their overall disinterest with physical goods paired with their overall inability to earn a solid salary means a generation less interested in shopping at Nordstrom. It is rare you will find me in a Nordstrom. If it is not sold inside a Costco, it is probably not in my closet.

Fortunately winter officially arrived today. The murder mitten is a blistering 30 some degrees and winds are howling through the nearly bare trees.

External forces are killing these retailers while Alibaba blows our Cyber Monday out in 30 minutes.  America is losing.

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14 comments

  1. fryguy15

    You dress yourself in Costco gear? That, sir, is C- game.

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    • Raul3

      When you look this good your threads don’t need to do much.

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      • unclebuccs

        Death candles by the gross, I would imagine.

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      • Trent J

        +1. In my experience those who need to buy high end threads to make themselves feel good have mental disorders. The gym will do much more for your confidence than a $650 shirt.

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        • fryguy15

          -1. Costco clothes comprising your closet is C- game. PERIOD. To your point, however, paying $650 for a shirt is retarded. JWN has some very nice shirts in the $100 – $150 range.

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  2. Earl

    Make American Malls Great Again

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    • Raul3

      Put a bunch of computers in the middle with Amazon queued up and convert the rest of the space into DCs

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  3. Dr. Fly

    you’re all vagrants

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  4. Dr. Fly

    plus 2

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  5. Garland

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